Nabarro Nathanson partner Simon Staite led the team acting on behalf of private Middle Eastern group Akaria Investments on its £61m purchase of Telford Bridge Retail Park. The vendor, LxB Properties, was advised by Clifford Chance real estate funds partner Richard Margree.
Richards Butler property partner Andrew Jenkinson acted for new client Oracle Estates on the £46.9m acquisition of Castle Dene Shopping Centre, via a joint venture with Lehman Brothers. The vendor, Modus Properties, was advised by DWF property partner Roland Maguire and Mayer Brown Rowe & Maw real estate finance partner Iain Thomas advised debt provider Nationwide. Lehman was advised by Clifford Chance senior associate Jane Cheong Tung Sing.
